The Benefits to Working on a Commission Based Role

Working in a commission-based role can offer several benefits, including:

Higher earning potential: With commission-based pay, your earning potential is directly tied to your performance. If you're able to consistently generate sales, you'll be able to earn more than you would in a traditional salaried role.

Flexibility: Many commission-based roles offer flexible schedules, which can be a great benefit for those who need to balance work with other commitments.

Entrepreneurial spirit: Commission-based roles often attract individuals with a strong entrepreneurial spirit. These individuals are often highly motivated and enjoy the challenge of building a business or generating sales.

Personal growth: Commission-based roles require individuals to develop their sales skills and learn how to communicate effectively with customers. This can lead to personal growth and development, which can be highly rewarding.

Rewards for hard work: In a commission-based role, your success is directly tied to your hard work and effort. This can be highly motivating and rewarding, as you'll see the results of your efforts in the form of increased earnings and recognition.

It's worth noting, however, that commission-based roles can also be challenging and require a significant amount of dedication and hard work to be successful. It's important to carefully consider your options and assess whether a commission-based role is the right fit for you.

It's difficult to pinpoint the exact profits that salespeople have made working on commission-only salaries, as many of these earnings are kept confidential or not publicly disclosed. However, there have been some notable individuals throughout history who have achieved significant success in commission-based sales roles. Here are a few examples:

David Ogilvy - Often referred to as the "father of advertising," David Ogilvy built a successful career in advertising sales, earning commissions of up to 15% on his sales. His net worth at the time of his death in 1999 was estimated to be around $200 million.

Mary Kay Ash - The founder of Mary Kay Cosmetics, Mary Kay Ash built her company on a commission-based sales model, offering her salespeople the opportunity to earn up to 50% commission on their sales. Today, the company has over 3 million independent beauty consultants in more than 35 countries.

Jordan Belfort - Known as the "Wolf of Wall Street," Jordan Belfort became one of the most successful stockbrokers of the 1990s, earning millions of dollars in commissions. However, his career was marked by fraud and other illegal activities, and he ultimately served time in prison.

Zig Ziglar - A motivational speaker and author, Zig Ziglar built a successful career in sales and sales training, earning commissions of up to 40% on his sales. He authored numerous books on sales and motivation, and his teachings continue to influence salespeople and entrepreneurs today.

While these individuals achieved significant financial success in their sales careers, success in commission-based sales is not guaranteed and often requires a high level of skill, hard work, and persistence.